The July 23rd deal between Facebook and King’s Cross Central Limited Partnership (KCCLP) represents one of the most significant such commitments in London in the last decade, encompassing around 15% of King’s Cross’ 4-million-square-foot (370,000 square meters) commercial portfolio.

P2, designed by Stirling-Prize winning architects Allford Hall Monaghan Morris (AHMM), is currently awaiting the results of a reserved matters planning application which was submitted in June. The scheme features nine floors of office space totaling 196,000 square feet (20,000 square meters), along with a new theatre, fifth-floor wraparound terrace, and ground floor retail space.

This investment is great news for the capital. We welcome Facebook’s long-term commitment, which is further evidence that London is open for business and a world-leading destination for major tech companies.-Mayor Sadiq Kahn of London

Facebook’s new office is set to open in 2021, which will represent a doubling of its existing floor space in the UK capital. At their new offices in King's Cross, Facebook will join neighbors such as Google, Universal Music, and Louis Vuitton.

Google has submitted the design for its new London office to Camden Council for planning approval. Designed by BIG and Heatherwick Studio, the 11-story "groundscraper" design will be located in King's Cross, and will combine with their existing office at 6 Pancras Square and a third, forthcoming building to create a campus for up to 7,000 Google employees.